Model Risk Manager Jobs in Iowa (NOW HIRING)

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You'll find an environment that inspires and empowers you to thrive both personally and professionally. There's no one like you and that's why there's nowhere like RSM.

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Location: Remote
Employment Type: Temporary

RSM is seeking an experienced IT Audit professional to support a large global banking client on regulatory remediation and issue validation initiatives. This role will focus on evaluating technology controls supporting Anti-Money Laundering (AML) and Financial Crimes programs, validating remediation activities, and assessing compliance with regulatory expectations.

The ideal candidate will have strong experience in IT audit, controls testing, model validation, and regulatory remediation programs within complex banking environments.

• Assess the design and operating effectiveness of IT controls supporting AML and Financial Crimes processes, including transaction monitoring, sanctions screening, and KYC/CDD platforms.

• Perform issue validation and remediation testing to evaluate whether corrective actions adequately address identified risks and regulatory findings.

• Execute risk-based audit procedures, including controls testing and targeted substantive testing.

• Evaluate IT general controls, change management processes, security controls, operational processes, and data controls supporting AML technology environments.

• Conduct model validation and controls testing activities, including assessment of governance, methodologies, assumptions, and supporting documentation.

• Review technical documentation, system configurations, data flows, reports, and application controls to assess risk and support audit conclusions.

• Identify control gaps, assess root causes, and provide practical recommendations to strengthen control environments.

• Prepare clear, concise, and high-quality audit documentation suitable for internal audit, regulatory, and stakeholder review.

• 5+ years of experience in IT Audit, Technology Risk, Internal Audit, or a related field within banking or financial services.

• Experience performing controls testing, targeted substantive testing, issue validation, or regulatory remediation reviews.

• Knowledge of AML and Financial Crimes processes, including transaction monitoring, sanctions screening, and customer due diligence.

• Experience evaluating IT general controls (ITGCs), application controls, security controls, and change management processes.

• Experience with model validation, model governance, or control effectiveness assessments.

• Ability to review and interpret technical documentation, system architecture, data flows, system configurations, and code.

• Strong analytical, documentation, written communication, and stakeholder management skills.

• Consent order validation and regulatory remediation programs.

• Large global banking institutions.

• AML, Financial Crimes, Compliance, or Regulatory Risk functions.

• Model Risk Management or model governance frameworks.

• Regulatory environments involving OCC, Federal Reserve, FDIC, or similar regulatory bodies.

At RSM, we offer a competitive benefits and compensation package for all our people.We offer flexibility in your schedule, empowering you to balance life's demands, while also maintaining your ability to serve clients.Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership.RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at careers@rsmus.com.

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information.

At RSM, an employee's pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.